Technology
China may allow ByteDance and Alibaba to buy Nvidia chips

China may allow ByteDance and Alibaba to buy Nvidia chips

The Hindu6h
THE BRIEF
1

China's Ministry of Industry and Information Technology asked firms to report purchase plans, indicating approval to buy Nvidia's RTX PRO 5500 chips.

2

The Information reported that tech giants including ByteDance and Alibaba may be granted purchase permissions despite prior homegrown alternatives pushed by Beijing.

3

An Nvidia spokesperson noted that U.S. export controls restricting firms in the nation remain outdated, while targeted firms have yet to confirm the report.